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Good trading system results?  I’m still
working on that.  I’ve attached a gif of my latest project – a portfolio test
bed that will allow me to test a variety of formula on a series of portfolios under
different rules. I’m particularly interested in trying to see if I can get a
formula to detect when stocks come into a tradable zone and when/if it does begin
trading it until the formula detects that the results are falling off.
d
<span
>-----Original Message-----
From: phsst
[mailto:phsst@xxxxxxxxx]
Sent: Wednesday, April 09, 2003
10:58 PM
To: amibroker@xxxxxxxxxxxxxxx
Subject: [amibroker] Re: Larry
Williams Inner Circle Review
<span
>
<span
>Dale,<span
>
No offense taken. In fact your observation that
the trading system
results I posted were 'unremarkable' is the
conclusion I came to when
nobody responded. That is why I made the 'patsy at
the poker table'
remark.
<Could you expand on how you interpreted them
to be the results of a
'good trading system'?>
Because I've traded this particular system
profitably. Just that simple.
No kidding... my purpose in posting my trading
system results was to
try to get others to provide some insight into
what can be achieved in
trading system development with Amibroker where it
concerns superior
backtesting results. (It was NOT my intention to
brag about my own
systems!).
So Dale, now a question for you... in Amibroker
terms, give us some
point of reference to what you consider 1) Good
trading system
results, and 2) Excellent trading system results.
And do you prefer
limited portfolio trading or 'whole mkt'
portfolios?
No need to divulge details of proprietary trading
systems. Just give
us an idea of what can be achieved with Amibroker
in real life.
Phsst
--- In amibroker@xxxxxxxxxxxxxxx,
"dingo" <dingo@xxxx> wrote:
> Regarding your reference to your ¡Èbest
trading system results¡É:
>
>
>
> No offense intended but at the time you
posted the results I looked at
> them and found them to be quite unremarkable
and don¡Çt understand your
> characterization of them. Could you
expand on how you interpreted them
> to be the results of a ¡Ègood trading
system¡É?
>
>
>
> Thanks!
>
>
>
> d
>
>
>
> -----Original Message-----
> From: phsst [mailto:phsst@xxxx]
> Sent: Tuesday, April 08, 2003 11:50 PM
> To: amibroker@xxxxxxxxxxxxxxx
> Subject: [amibroker] Re: Larry Williams Inner
Circle Review
>
>
>
> Yuki,
>
> Glad to see you back from your vacation, and
I hope the portion of
> your vacation exclusive of Larry Williams was
enjoyable.
>
> Over the years, I've been to two or three
'guru' seminars, and like
> you, I've generally been disappointed in the
quality of the
> presentations, not to mention the presentors.
>
> Frankly, until I started watching the
AmiBroker board, the single best
> published work I had read was Linda Rasche's
'Street Smarts' book.
> Linda did not hold much back and did not let
her ego get involved in
> the presentation at all. Her presentation
primarily focused upon
> futures, while I tend to focus upon stocks.
But her approach worked
> well in any trading environment.
>
> I thought I had developed a few good trading
systems before getting
> involved in this AmiBroker board. And when I
recently posted my best
> trading system results, there wasn't much
feedback from others
> regarding comparable results.
>
> Then I concluded that like the old Poker
Player axiom... if you don't
> know who the 'patsy' is at the table, then it
is probably you!
>
> So I'll probably hold my cards a little
closer to my chest for a while
> until I get the 'feel of the game'.
>
> Anyway, glad you are back.
>
> Phsst
>
>
>
>
>
> --- In amibroker@xxxxxxxxxxxxxxx, Yuki Taga
<yukitaga@xxxx> wrote:
> > Hi DT,
> >
> > Tuesday, April 8, 2003, 3:38:59 PM, you
wrote:
> >
> > DT> Yuki, Read <a
href="">http://groups.yahoo.com/group/amibroker/message/10072
> > DT> to see the basic info for
L. Williams well known indicator. Who
> > DT> could imagine to put his name in
ANY T/A link reproducing
> > DT> Stochastic ?
> >
> > Sad, and surprising, but he did come off
a bit like a glory seeker to
> > me, so I guess I'm not all that
surprised. He seemed to want to
> > claim a lot of original TA stuff, and
that other people copied him a
> > lot.
> >
> > Quite frankly, I was surprised with his
treatment on some things. He
> > likes ADX a lot, but he seemed to not
really understand how it works
> > to me. He calls it a "trend
integrity" indicator, and advises that
> > when it makes extreme highs and then
declines, the decline is showing
> > you that there is no
"integrity" in the embryonic new trend, and that
> > it is bound to fail. Actually,
this is quite wrong IMO, as the
> > reversal in ADX at trend change is
simply a "bleeding off", if you
> > will, of the high level of trending that
HAD been present. It is a
> > symptom of the old trend, not yet
referencing the new direction at
> > all. After a while, if ADX does not
stop falling and start rising of
> > course, then the new direction is
certainly suspect. But, that is not
> > what Larry was talking about. He was
talking simply about the initial
> > fall in ADX from a high level, and that
this fact makes a new
> > direction suspect. That is not
correct, IMO.
> >
> > It is only sometime later that the
failure of ADX to stop falling and
> > start rising with the new trend, that
the new trend becomes suspect
> > (and of course *all* new trends,
especially reversals coming out of
> > strong trending periods, are initially
quite suspect). But a new
> > embryonic trend is not suspect simply
because ADX is bleeding off
> > levels reached due completely to the
strength of the old trend. A
> > declining ADX is perhaps useful only to
tell you to STAY OUT of a
> > trade, IMO. Where the ADX is most useful
to me is when it just
> > crosses or just about crosses into
strong trending territory -- on
> > its way up -- signalling that there may
be a train departing that you
> > want to get on.
> >
> > Maybe I'm splitting hairs here, but I
really thought he was trying to
> > be a bit too "original" here.
> >
> > Best,
> >
> > Yuki
> >
> > mailto:yukitaga@xxxx
>
>
>
>
>
>
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